Tuesday, December 22, 2009

Dubai Stock Exchanges Merge

Dubai Financial Market announced today that they will be merging with Nasdaq Dubai for $121M. Also, the troubles with their debt might not yet be over as Dubai World may have to continue to restructure their debt.

There are certainly many interesting events in the area with a lot of activity in this market. It will certainly be worth while to see how the restructuring in the market will manifest and effect other markets around the world.

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